CORNER CHEMIST: PICK UP YOUR INVESTMENT SCRIPT.
POINT OF INTEREST:
Public Auction: Wednesday 9th October 2024 at 12pm on site.
A suburb necessity, and a lease certainty — investing in a vital medical provider is the safest prescription for portfolio stability. Amcal Pharmacy has been servicing the community on this high-profile corner of Rowville Lakes Shopping Centre for many years. They’ve built a loyal customer base, with the lease renewing for another five years beginning in November 2024 for $62,000 per annum plus GST and outgoings. It’s easy to see why they have, the positioning here grants them prime frontage to Kelletts Road and Lawrence Way, and the ample public parking makes pulling up and dashing in a breeze. You’re also sharing clientele with IGA, Barry Plant, Simple Wellness Myotherapy, and a strip of other well-established retailers. The 691 bus stops outside your door, while Stud Road only sits 1.9 km* from here.
- Trading as Amcal Pharmacy.
- 5-year lease renewed from 1st November 2024.
- Rental of $62,000 per annum plus GST and outgoings.
- 99 sqm* building area on a superior corner at Rowville Lakes Shopping Centre.
- Ample communal parking with dual access via Kelletts Road and Lawrence Way.
- 1.9 km* to Stud Road.
POINT OF VIEW:
Pharmacies are the investment sweet spot between a healthcare service provider and a convenience retail offering, and this Amcal has held up its nationally trusted reputation for being the best option on the block. Pick up the prescription for a healthy five-year return.
*Approx.
Pricing excludes GST